Luzern Risk Company Profile

Background

Luzern Risk, formerly known as XN Captive, is a New York City-based company specializing in captive insurance solutions tailored for the middle market. The company's mission is to modernize captive insurance by providing businesses with strategic control over risk, capital, and performance through a fully integrated digital platform.

Key Strategic Focus

Luzern Risk focuses on making captive insurance accessible to mid-sized businesses by simplifying the traditionally complex formation process. The company's platform offers an all-in-one solution that streamlines decision-making and customizes solutions to meet each client's unique needs.

Financials and Funding

In April 2025, Luzern Risk secured a $12 million Series A investment from Caffeinated Capital. This funding is intended to accelerate the company's mission to modernize captive insurance for the underserved middle market.

Technological Platform and Innovation

Luzern Risk's proprietary platform features a modern user interface, agentic AI, full API compatibility, and a suite of automations designed to enhance usability and long-term outcomes. This digital system replaces the traditional, cumbersome captive formation process with a single, intuitive platform that manages the entire captive lifecycle.

Leadership Team

Gabriel Weiss, CEO and Co-Founder: Leads the company's strategic direction and oversees operations.

Jonathan York, CTO: Formerly Head of Digital Transformation & Client Technology at Bridgewater Associates, he is responsible for the technological development and innovation of the platform.

Competitor Profile

Market Insights and Dynamics

The captive insurance market has traditionally been dominated by large corporations due to the complexities and costs associated with forming and managing captives. However, there is a growing demand among mid-sized businesses for more accessible and streamlined captive insurance solutions.

Competitor Analysis

Key competitors in the captive insurance space include:

Marsh Captive Solutions: Offers a range of captive management services but primarily caters to larger enterprises.

Aon Captive & Insurance Management: Provides comprehensive captive solutions with a focus on large corporations.

Willis Towers Watson: Delivers captive management services, mainly targeting large-scale businesses.

These competitors have established themselves in the market but often lack the tailored, digital-first approach that Luzern Risk offers to mid-sized businesses.

Strategic Collaborations and Partnerships

Luzern Risk's partnership with Caffeinated Capital through the $12 million Series A funding round is a significant collaboration that supports the company's growth and technological advancement.

Operational Insights

Luzern Risk differentiates itself by offering a customer-friendly, all-in-one platform that simplifies the captive insurance process for mid-sized businesses. This approach provides clarity, ease of use, and long-term growth potential, setting the company apart from competitors that primarily focus on larger enterprises.

Strategic Opportunities and Future Directions

With the recent funding, Luzern Risk plans to accelerate its investment in technology and expand its operations to meet the growing demand for accessible captive insurance solutions in the middle market. The company's innovative platform positions it well to capitalize on this opportunity and drive future growth.